



2938 E Michigan St, Indianapolis, IN, 46201
1beds
1baths
--sqft
$75,000
--price/sqft
$754/moest. monthly cost
$30,160/yrincome needed
About This Home
Located at 2938 E Michigan St in Indianapolis, this duplex presents a prime value-add opportunity for investors or experienced rehabbers. The property has sustained fire damage mainly on the right side and is being sold as-is, offering a blank slate for a full renovation. With strong rental demand in the area and proximity to downtown Indianapolis, this property has excellent upside potential once restored. Ideal for a gut rehab, allowing you to redesign and maximize layout, finishes, and rental income. Whether you're looking to fix and flip or build long-term cash flow, this is a fast sale opportunity priced to move. Bring your contractor and vision-this one won't last. Cash or hard money preferred. Quick close available.
Getting Around
56
42
67
Schools
4/10
6/10
1/10
Construction
Condition
- Year built: 1900
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Duplex
Interior
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
Property
Details
- Parcel number: 491005194077000101
- Special condition: As Is,Defects/See Remarks,Fixer Upper
Lot
- Lot size: 3,441 sqft
